Eternal Ltd.

Alipay Singapore Holding, an arm of Chinese e-commerce giant Alibaba, has divested its entire 3.44% stake in Zomato for Rs 3,337 crore through open market transactions. Alipay Singapore Holding Pte sold more than 29.60 crore shares of Zomato in 31 tranches on the BSE. The shares were sold at an average price of Rs 112.7 apiece.

ICICI Prudential Life Insurance Company, Max Life Insurance, Aditya Birla Sun Life Mutual Fund (MF), Birla MF, Morgan Stanley, India Acorn ICAV, Societe Generale, Government of Singapore, Monetary Authority of Singapore, Goldman Sachs (Singapore) Pte, Government Pension Fund Global and Veritas Asset Management, among others were the buyers of shares of Zomato.

Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Pankaj Chaddah and Deepinder Goyal in 2008. It provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities.